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Joe and businesswoman I need your help in figuring out this. Since I cannot do real estate flipping on H1, my real estate agent suggested me to become a shareholder of either a C or S real estate corporation. The other members of this corporation would be US citizens or PR and one of them would...

So Joe what you are saying is that after I get my EAD, flipping is legal? But then I would be also on H1B at that point so then that makes it not legal. By the way according to my lawyer day-trading on stocks is not business and so is OK. Also he told me that besides flipping even having...

So Joe what you are saying is that after I get my EAD, flipping is legal? But then I would be also on H1B at that point so then that makes it not legal. By the way according to my lawyer day-trading on stocks is not business and so is OK. I dont understand all this at all. Is not real estate...

Thanks JoeF and businesswoman for your replies. I am going to stop the flipping. By the way according to JoeF there is less likelihood that somebody on employment-based green card is called for interview, so its possible that I may get away with this. right ? If they ask for tax returns, is...

Guys, I need desperate help on this. I am on H1B currently and I have I-140 approved (EB3 - cannot file 485 because of retrogression but that is another matter). I own one rental property. Also I have flipped couple of houses and made profit. Do you guys think this is aganist the law ? Is this...